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Pound Sterling Price News and Forecast: GBP/USD rises as UK inflation cools, BoE rate cut bets increase

The British Pound advanced during the North American session, posting soft gains of 0.14% against the Greenback as inflation slowed to its weakest level in three months. This adds to pressure on the Bank of England to reduce interest rates.
Date: 16.04.2025  |  Source: fxstreet.com
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Instrument Price Change (%)
EURUSD 1.135990 +0.66007%
GBPUSD 1.350350 +0.62808%
USDJPY 143.116000 -0.62769%
XAUUSD 3330.275000 +1.06872%
USDCAD 1.380890 -0.38306%
NZDUSD 0.596300 +1.049%
USDCHF 0.824840 -0.39127%
AUDUSD 0.646560 +0.8181%
EURGBP 0.841260 +0.082087%
EURJPY 162.580000 +0.061546%
GBPJPY 193.238000 -0.011384%
AUDJPY 92.531000 +0.21444%
CADJPY 103.624000 -0.25604%
CHFJPY 173.480000 -0.21627%
NZDJPY 85.346000 +0.45906%
GBPCHF 1.113740 +0.21776%
EURCHF 0.937070 +0.28253%
USDMXN 19.262850 -0.19766%
USDZAR 17.890870 -0.69841%
USDTRY 39.029200 +0.053707%
USDRUB 79.980000 +0.54054%
USDSEK 9.518710 -1.19331%
USDCNY 7.184000 -0.26655%

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